Netherlands Company Formation

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Netherlands

Company Formation and Related Services

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Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

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Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

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Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

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Setting up a Limited Liability Company (BV) in The Netherlands

September 7, 2011, 12:27 am
BridgeWest

A Besloten vennootschap or BV is actually a Limited Liability Company established in the Netherlands. A Dutch BV is a legal entity with an authorized capital divided into shares, which are privately registered and not freely transferable.

Capital

Since October 2012, there is a minimum share capital requirement of 1 EUR for setting up a Limited Liability Company in Netherlands.

Shareholders

A Dutch BV can be incorporated by at least one shareholder, who can be at the same time the full management board. If this is the case, then the founder’s name will be registered in the certificate of registration from the Trade Register. If there are two or more shareholders, their names will not be registered, but they need to provide personal details to the Ministry of Justice. If the main shareholder who contributes with more than 25% shares does not live in a European Union member state or in the United States, it may be difficult to obtain a permit from the Dutch government.

Management

A Limited Liability Company set up in the Netherlands is managed by a board of managing directors, appointed by the shareholders, without any restrictions of residence. The management board takes the important decisions for the company’s activities. If there is no restriction in the articles of association, the individual board members also have the power to act and decide for the BV. Restriction may refer to the requirement of joint signatures in certain situations. The Board of Directors in usually appointed for unlimited period. It is up to the General Meeting of the shareholders to bring modifications to the structure of the Board of directors. Nevertheless, if there are less than 50 employees in the BV, it is not necessary to have a Supervisory Board.

Control

The Supervisory Board is constituted only if the Dutch Limited Liability Company has more than 50 employees. In this case, external auditors come to check every year the accounts and publish them if the company’s turnover exceeds 8.8 million EUR and the balance sheet exceeds 4.4 million EUR. Otherwise, it is not necessary to obtain the signature of a Dutch accountant.

Other requirements

When it comes to choosing the name of the Limited Liability Company established in Holland, you should check if the name has not been used already and then you should remember to add at the beginning or at the end the letters BV. The name can be in any language that uses the Latin alphabet, but sometimes it is requested to translate the company’s name in order to check for offensive or prohibited language.

 BridgeWest offers company formation in Netherlands, including virtual office and other related services.




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Company Formation in Netherlands

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In order to register a company in the Netherlands, the following steps must be taken:

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BridgeWest provides a wide range of legal services in The Netherlands through our affiliated Dutch lawyers and Law Firms in Amsterdam, Rotterdam and other major cities in The Netherlands. We are main ... [More]